US: Wall St edges higher at open on tech boost

Published Fri, Aug 20, 2021 · 01:52 PM

[NEW YORK] Wall Street's main indexes opened higher on Friday, lifted by a rise in technology stocks, although concerns over a slowing economic recovery and the possible tapering of monetary stimulus put the Dow and the S&P 500 on course for their worst week since mid-June.

The Dow Jones Industrial Average rose 23.84 points, or 0.07 per cent, at the open to 34,917.96.

The S&P 500 opened higher by 4.76 points, or 0.11 per cent, at 4,410.56, while the Nasdaq Composite gained 29.74 points, or 0.20 per cent, to 14,571.53 at the opening bell.

REUTERS

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